Excess Concentration Amount definition
Excess Concentration Amount means, as of any date of determination on which any one or more of the Concentration Limitations are exceeded, an amount (calculated by the Servicer and without duplication) equal to the Dollar Equivalent of the portion of the Adjusted Principal Balance of each Eligible Collateral Loan that causes such Concentration Limitation to be exceeded.
Excess Concentration Amount means, on any date of determination, the sum (without duplication) of the following amounts:
Excess Concentration Amount means, as of the most recent Measurement Date (and after giving effect to all Collateral Obligations to be purchased or sold by the Borrower on such date), the sum, without duplication, of the following amounts:
Examples of Excess Concentration Amount in a sentence
On the Effective Date and on any Business Day thereafter, the Borrower shall notify the Facility Agent and the Administrative Agent of its intention to choose to apply the percentages set forth as the applicable option in the definition of the Applicable Margin and clause (i) of the definition of Excess Concentration Amount (each such option, as applicable, “Option 1” or “Option 2”).
More Definitions of Excess Concentration Amount
Excess Concentration Amount. As of any date of determination (and after giving effect to all Eligible Loans to be purchased or sold by the Borrower on such date), the sum of the following amounts (without duplication):
Excess Concentration Amount means, the sum, without duplication, of:
Excess Concentration Amount means, as of any date of determination, with respect to all Eligible Loan Assets included in the Collateral Portfolio, the amount by which the sum of the Adjusted Borrowing Value of such Eligible Loan Assets exceeds any applicable Concentration Limits, to be calculated without duplication after giving effect to any sales, purchases or substitutions of Loan Assets as of such date.
Excess Concentration Amount means, as of the related Advance Date and after giving effect to any Contracts to be sold to or acquired by the Borrower on such day, and on each Distribution Date, the sum of the following amounts:
Excess Concentration Amount means with respect to all Eligible Loan Assets included in the Collateral Portfolio, the sum of the Adjusted Borrowing Value of such Eligible Loan Assets in excess of the Concentration Limits, calculated without duplication and after giving effect to any addition or removal of any Loan Asset as of the date of determination.
Excess Concentration Amount. As of any date, the sum of the amounts by which the aggregate Unpaid Balance of Receivables of each Obligor exceeds the Obligor Concentration Limit for such Obligor.
Excess Concentration Amount means, with respect to all Warehouse SUBI Leases that are Eligible Leases on such date, the sum of, without duplication, the amounts (if any) by which: